I believe many people know in their gut that things won’t get better until things get worse.

Either we continue on the borrow-and-spend federal policy until the system collapses. Or, our governemnt will restrict the money supply, rescind all stimulus packages, cease bail-outs, lay-off governement workers, become pro-business, and balance the budget by cutting spending.

The latter tactic will result in meaningful economic growth after an economic realignment occurs. Unfortunately, we will suffer another recession caused by the realignment.

WASS (We Are So Screwed)

thanks,
markm

The idea of continuing a consumer based economy is ‘unsustainable’ & utterly insane. Wages have remained stagnant for 30 years (inflation adjusted) yet the middle class has taken on more debt during the meantime. There is a reason the private sector is deleveraging yet the Larry Summer & Obama economic team will not let this natural market force to happen.

If there is going to stimulus spending it must create an asset on the United States balance sheet. Instead we are stimulating more speculization. Now I understand not everything is that simple. I am getting a masters in economics but there are simple solutions to this mess. Obama and gang(and Bush before him) type of crony capitalism is sadly destroying our fine country in my opinion.